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"What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves."

— Friedrich August von Hayek
friedrich august von hayek Quotes Private Property,Forgotten,Divided

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Friedrich August von Hayek
Private Property
Forgotten
Divided
Our Generation
Capitalism
Free Market
Productions
Road To Serfdom

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Money is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an astounding range of choice to the poor man, a range greater than that which not many generations ago was open to the wealthy

— Friedrich August von Hayek

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The younger generation of today has grown up in a world in which in school and press the spirit of commercial enterprise has been represented as disreputable and the making of profit as immoral, where to employ a hundred people is represented as exploitation but to command the same number as honorable.

— Friedrich August von Hayek

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